Corporate Banking KYC Analyst - 3 months extendable

Location: Singapore
Contract Type: Contract
Specialisation: Contracting
Salary: S$3500 - S$4000 per month
REF: BBBH238990_1575858010

Our client is a reputable foreign bank. They are looking for both KYC Checker and KYC Maker to be on 3 months renewable contract with possibility of conversion.
Job Description

KYC Maker

  • Ensure new and existing clients of APAC satisfied the regulatory requirements
  • Assess the risk level and the KYC requirements to be met depending on the type of client and the transactions
  • Collect documentation from public sources
  • Interact with the client to collect the necessary private documents
  • Check the documents to ensure they meet the requirements
  • Follow up with internal stakeholders (Compliance, vetting centers...) until diligences are fully met
  • Report progress/status of the process in the internal tool
  • Escalate issues to the management and propose solutions / alternatives
  • Draft waiver memo in case of deviations

    KYC Checker
  • Liaise with Front Office and Client Services on the collection of the KYC documentation
  • KYC vetting of existing clients (periodical revisions) and new to bank clients for Hong Kong, Singapore, China, Malaysia, Australia, Taiwan and Japan entities
  • To conduct checks and due diligence on these clients primarily looking out for Sanctions/PEP/Adverse news/information that may be detrimental to the reputation of the bank
  • Escalation of complex cases to local Compliance and/or Head Office Financial Security for advice, clarification or validation when applicable
  • Inputting and Maintenance of Client Data into the KYC System
  • Perform ad-hoc screenings
  • To take part in Projects or perform UAT testing when required
  • To provide guidance and sharing of KYC knowledge to Client Service team and other departments


    ? Minimum 2-3 years of KYC/AML experience in the Banking industry
    ? Preferred KYC/Periodic Review experience within corporate banking
    ? Working knowledge of corporate and institutional banking products (financial markets, debt and transactional)
    ? Certifications pertaining to AML/KYC is an added advantage
    ? Control focused mind set and good understanding of regulatory and reputation risks
    ? Self-motivated, able to work independently
    ? Ability to prioritise and review client files based on due dates and business criticality
    ? Able to work cohesively in a large team
    ? Good verbal and written communication skills

    If you are interested in the role above, email your updated resume to

    We regret that only shortlisted candidates will be notified.

    Licence Number: 10C5117

    EA registration Number R1439496